Rank List: States in Profile

Venture Capital Deals Made in 2018

Rank	State	FIPS Code	Deals
1	California	06000	4,316
2	New York	36000	1,539
3	Massachusetts	25000	857
4	Texas	48000	773
5	Florida	12000	464
6	Washington	53000	422
7	Colorado	08000	383
8	Illinois	17000	334
9	Pennsylvania	42000	295
10	Virginia	51000	225
11	North Carolina	37000	224
12	Georgia	13000	217
13	Ohio	39000	200
14	New Jersey	34000	196
15	Delaware	10000	186
16	Maryland	24000	183
17	Minnesota	27000	173
17	Utah	49000	173
19	Michigan	26000	168
20	Oregon	41000	136
21	Tennessee	47000	128
22	Connecticut	09000	127
23	Arizona	04000	125
24	Indiana	18000	116
25	Wisconsin	55000	100
26	Missouri	29000	96
27	Nevada	32000	88
28	District of Columbia	11000	83
29	South Carolina	45000	64
30	Kentucky	21000	52
31	New Hampshire	33000	40
32	Kansas	20000	39
33	Alabama	01000	37
33	Arkansas	05000	37
35	Nebraska	31000	36
36	Iowa	19000	32
37	Idaho	16000	30
38	Oklahoma	40000	28
39	Maine	23000	25
39	New Mexico	35000	25
39	Rhode Island	44000	25
42	Vermont	50000	23
43	Louisiana	22000	19
43	Montana	30000	19
45	Wyoming	56000	18
46	Mississippi	28000	13
47	North Dakota	38000	12
48	Hawaii	15000	11
49	Alaska	02000	8
50	South Dakota	46000	5
51	West Virginia	54000	3

Data Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report (tm) based on data from Thomson Financial

This page was generated on 10/2/2026 8:21:40 AM